How Does Protectionism Impact Multinational Firm Reshoring? Evidence from the UK

Yama Temouri*, Vijay Pereira, Agelos Delis, Geoffrey Wood

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review


There is growing interest in the nature and possible extent of de-globalization. This paper explores the impact that protectionist measures have on multinational enterprise (MNE) reshoring back to the UK. Besides taking into account the global trends indicating a return to protectionism, the existing literature highlights various firm-level and structural country-level determinants of reshoring decisions. We test a conceptual model with parent-subsidiary firm-level data for the period 2009 to 2017. We conclude that firms that are more sensitive to wage costs in their overseas subsidiaries were more likely to reshore. We did not find that more capital-intensive firms had a higher propensity to reshore. We find that our results are mostly driven from UK MNEs with subsidiaries in EU. This result has clear implications for a potential Brexit effect. Theoretically, we base our findings in transactional cost economics to help explain why different types of firms behave in the way they do, and why different types of firms may respond in quite different ways to the same mix of institutions.
Original languageEnglish
Pages (from-to)791-822
Number of pages32
JournalManagement International Review
Issue number5
Early online date24 Oct 2023
Publication statusPublished - Oct 2023

Bibliographical note

This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit


  • Multinational Enterprises
  • Protectionism
  • Reshoring
  • UK


Dive into the research topics of 'How Does Protectionism Impact Multinational Firm Reshoring? Evidence from the UK'. Together they form a unique fingerprint.

Cite this